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Bitmain Reportedly Will Sack Up to 85 Percent of Workforce
The Chinese crypto mining company Bitmain has apparently been hit hard by the bear market and is looking to sack more than half of their entire workforce. Credible rumors of this story first began to circulate on Maimai, China’s equivalent to LinkedIn, as anonymous sources on a site frequently used by Bitmain employees began reporting that the company was looking at massive layoffs in the next several days. дальше »
2018-12-27 21:20 | |
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Ethereum (ETH) price analysis: could trade above 50-day EMA for first time since May
Ethereum bulls will be smiling today as the price threatens to scale the 50-day exponential moving average (50EMA) for the first time since rejection on 6 November. ETH last traded above the 50EMA on the 1-day chart in May. дальше »
2018-12-23 18:10 | |
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Arsehole ruins Christmas after flying drone over Gatwick Airport’s runway
Flights at London’s Gatwick Airport are suspended after drones were seen flying over the runway, the BBC reports. The two drones were spotted hovering near the runway late on Wednesday night, causing flight cancellations and diversions. дальше »
2018-12-20 10:29 | |
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Venezuelan Citizens Forced to Receive Pension Funds in Crypto
The Venezuelan government is reportedly converting pension payments into its national cryptocurrency, the Petro. The post Venezuelan Citizens Forced to Receive Pension Funds in Crypto appeared first on CoinCentral. дальше »
2018-12-20 00:36 | |
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What’s Next for Bitcoin Miners in 2019 Amid Lower Price?
The year-long bear market finally forced many Bitcoin miners to capitulate by either scaling down or shuttering their operations. However, with the decrease in difficulty, some of these smaller establishments might want to get back into the business seeing as it is now easier to mine the top-ranked cryptocurrency. дальше »
2018-12-19 04:00 | |
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Google reportedly shuts down its Chinese censored search project
Google has stopped developing its censored search engine for China, known as project Dragonfly. The tech giant was forced to shut down a data analysis system used for its development after members of the company’s privacy team objected to it, according to The Intercept. дальше »
2018-12-18 14:04 | |
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How Crypto Miners Are Adapting to Survive the Bear Market
In the current crypto bear market, miners have been battered due to the depreciation of digital assets, leaving many operations struggling to generate profit. In some cases, miners have been forced to exit the business altogether. дальше »
2018-12-18 01:30 | |
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Is Donald Trump a Crypto fan? Blockchain and Crypto advocate elevated to White House Chief of Staff
Donald Trump has dealt with a lot of turnover in his administration and most recently he was forced to refill another important position. With the departure of General John Kelly, Trump needed to find his 3rd Chief of Staff in 2 years. дальше »
2018-12-16 17:24 | |
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The story of LTC-BCH flappening or when a dead coin overtakes another dead coin
Litecoin is now ahead of bitcoin cash in the cryptocurrency rankings, based on their market cap. This is as important as the snow of last year – literally nobody cares. Bitcoin Cash communities are infamous for their toxicity and inferiority complex with forced narratives about how BCH is the original bitcoin and how much better […] The post The story of LTC-BCH flappening or when a dead coin overtakes another dead coin appeared first on CaptainAltcoin. дальше »
2018-12-16 04:41 | |
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Pantera Capital Braces for SEC Action Against 25 Percent of ICO Investments
Increasingly frequent action taken by the SEC against initial coin offerings is expected to lead to more cryptocurrency projects being forced to refund investors. Among those expected to be affected is the first U. дальше »
2018-12-15 15:15 | |
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U.K. Cryptocurrency Exchange Cubits Shuts Down After $33M Scam
Cubits, a London-based digital asset trading platform, has been forced into administration after fraudsters reportedly stole €29 million (about $32. 5 million) from the exchange in February. The company claimed “it fell victim” to an elaborate scam orchestrated in collusion with three of its clients. дальше »
2018-12-14 21:00 | |
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ICOs Could be Forced to Pay Back Millions Following SEC Ruling
Cryptocurrency, Initial Coin Offerings (ICOs)–While the crypto markets hit a relative low for the year, with Bitcoin now trading at $3300, the news continues to worsen for the controversial field of initial coin offerings. дальше »
2018-12-14 06:26 | |
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Report: Venezuela State Oversteps All the Limits as Pensioners are Now Forced to Use Petro
CoinSpeaker Report: Venezuela State Oversteps All the Limits as Pensioners are Now Forced to Use Petro Now elderly people in Venezuela will get their monthly pensions in the Petro, despite the fact that it still can’t be used. дальше »
2018-12-13 11:57 | |
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Bear Market Forces Bitmain to Close Blockchain Development Center in Israel
The downturn of the crypto market has forced Beijing-based Bitcoin mining giant Bitmain to close its blockchain development center in Israel and lay off all of its employees, Israeli business news outlet Globes reported on December 10, 2018. дальше »
2018-12-13 10:45 | |
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SEC Settles Charges with Former AriseBank CEO and COO for Deceitful ICO
According to news outlet, Coin Desk, AriseBank – which was forced to terminate by the US Securities Exchange and Commission (SEC) back in January 2018 – saw two of its former executives, namely, CEO, Jared Rice Sr and COO, Stanley Ford settle their payments in regard to a lawsuit that involved the duo’s fraudulent activities […] дальше »
2018-12-13 08:01 | |
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Cubits is Bankrupt and Withholding User Funds As OneCoin Ties Exposed
Anger continues to engulf cryptocurrency trading platform Cubits after executives suddenly announced the company was bankrupt, blocking all user funds. Cubits Owner: Funds Recovery ‘Unsuccessful’ In a press release dated December 11, Dooga Ltd. дальше »
2018-12-12 15:00 | |
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Bitmain Follows Industry Trend, Shutters Operations in Israel
Chinese-based cryptomining firm Bitmain is shutting down the operations of Bitmaintech Israel, its research and development (R&D) center in Ra'anana, Israel, according to reports from local news outlet Globes. дальше »
2018-12-10 20:51 | |
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Bitcoin Mining Giant Bitmain Is Collapsing – And It Only Has Itself To Blame
The Israeli research and development arm of cryptocurrency mining giant Bitmain will close, resulting in the firing of all 23 staff due to market “turmoil. ” Glikberg: Bitmain ‘Forced’ To Reevaluate As local media outlet Globes reported December 10, Bitmain, which continues to face financial problems of its own this year, will formally end all activities at its offshoot just three years after it began operations. дальше »
2018-12-10 18:00 | |
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Bitmain forced to shut down Israel operations due to cryptocurrency bear market
It appears the downturn of the cryptocurrency market is having a ripple effect (pun intended) on the industry. Numerous blockchain businesses have been forced to close down or lay off staff to survive – and the latest one is Bitmain. дальше »
2018-12-10 16:33 | |
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Crypto Exchanges Can Be Banned By Chilean Banks, Court Order Says
Chile’s Supreme Court has recently ordered crypto exchange OrionX to close all of its active local bank accounts. This decision comes in wake of another order passed by Chile’s High Court that “guaranteed protection” to Orionx and forced local state-owned bank Banco del Estado to allow the firm to operate freely within the nation. “These […] дальше »
2018-12-10 03:16 | |
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Chilean Supreme Court Orders OrionX Exchange to Halt Ongoing Crypto Operations
Chilean Court Orders OrionX To Halt Ongoing Crypto Operations According to Chilean news outlet, Emol, the nation’s Supreme Court has ordered crypto exchange OrionX to close all of its active local bank accounts. дальше »
2018-12-6 20:05 | |
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Bold Strategies Crypto Hedge Funds Are Leveraging To Survive 2018’s Never-Ending Bear Market
Crypto hedge funds have been forced to implement a number of creative strategies to survive 2018’s endless bear market. With approximately 5% of crypto hedge funds closing down since the beginning of the year, the hedge funds that remain are exploring new investment strategies. дальше »
2018-12-5 08:33 | |
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Sound researcher quantifies how awful airplane earbuds actually are
It’s one of the worst feelings in the world: You’re on an airplane, only to realize you’ve forgotten your headphones. You’re then forced to use the pair of earbuds provided by the airline just so you don’t have to spend your flight in silence. дальше »
2018-12-5 04:27 | |
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Blockchain startups forced to lay off staff to survive the bear market
The bear market – which many optimistically hoped would only span a few months – has swallowed the entire year, and with it, a string of cryptocurrency projects. The latest casualty is ETCDEV, the development team for much of the software adopted by notable alt-coin Ethereum Classic. дальше »
2018-12-4 20:33 | |
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Leading Ethereum Classic (ETC) Developer Firm ETCDev Collapses As Financial Troubles Add Up
ETCDev is most well-known as the development firm that is responsible for introducing Ethereum Classic. However, even with the last few years of being in operation, the recent struggles of the firm to raise funds has forced them to cease their activities. дальше »
2018-12-4 07:28 | |
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Bitcoin’s Network Just Experienced Its Second Largest Downward Adjustment
As the market continues to tumble (and mining profits have dwindled), Bitcoin’s mining difficulty dropped by its largest percentile in seven years — the second largest downward correction in the cryptocurrency’s lifetime. дальше »
2018-12-4 01:01 | |
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German Private Equity Fund to Launch Bitcoin Mining Farm in Asia
According to an article published by Deutsche Finanz, November 29, 2018, Munich-based private equity firm Xolaris is set to launch a $50 million bitcoin farming fund to expand its business into the Asian market. дальше »
2018-12-4 00:00 | |
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Report: No Correlation Between Crypto Mining Attacks and Legal Status of Cryptocurrency in the Country
The growing popularity of cryptocurrencies has forced cybercriminals to invest resources in the development of more robust mining technologies to replace the typical ransomware Trojans, reports Kaspersky Lab’s cyber threat research arm Securelist, November 28, 2018. дальше »
2018-12-1 00:00 | |
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Steemit Lays Off 70% of Workforce, Hard Times Ahead
Blockchain-based social media platform Steemit is facing a crisis. CEO Ned Scott revealed on Nov. 27, 2018, that the company has been forced to lay off 70 percent of its workforce amid an atmosphere of falling crypto prices and high operational costs. дальше »
2018-12-1 22:39 | |
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Zcash (ZEC) listed on Coinbase Pro – price already spiking
Speculation about the next coin to be added on Coinbase was most popular topic in crypto world for a long time until this November nosedive in prices took place and forced it to take the back seat. дальше »
2018-11-29 21:32 | |
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Huobi Is Rolling Out Futures Trading on a New Platform
At this year’s CryptoFrontiers Conference in New York City, digital currency exchange Huobi announced that it will begin offering derivatives contract trading. The service will be available via Huobi’s Derivative Market (Huobi DM) to customers of select countries and will allow them to open both short and long positions for a handful of coins. дальше »
2018-11-29 01:33 | |
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Bitcoin Price – Could Affirmation from Bakkt, NASDAQ Signal Bottom?
The recent delay of Bakkt and Bitcoin Cash fork drama have both worked to amplify the effects of an already brutal bear market over the course of the past weeks. As the Bitcoin price spiraled below US$4,000, more and more investors, traders, and miners have been forced out of their positions. дальше »
2018-11-28 23:32 | |
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Could Affirmation from Bakkt, NASDAQ Signal Bottom for Bitcoin?
The recent delay of Bakkt and Bitcoin Cash fork drama have both worked to amplify the effects of an already brutal bear market over the course of the past weeks. As Bitcoin spiraled below US$4,000, more and more investors, traders, and miners have been forced out of their positions. дальше »
2018-11-28 23:32 | |
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Newest SEC Rulings About ICO Restrictions Seem To Target Crypto Exchanges Within The Ecosystem
Are The Recent Rulings Of The SEC About The ICOs They Are Restricting, Or Something Bigger? The U.S. Securities and Exchange Commission has been diving deep into the way that initial coin offerings (ICOs) work, and there’s no bigger sign of this than some of their recent settlements. Some of the ICOs are being forced […] дальше »
2018-11-26 05:12 | |
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The Daily: Cloud Outage Affects Exchanges, Okex Launches ICO Information Platform
In the Saturday edition of The Daily, we look at a technical issue with Amazon’s cloud services network that has forced two major South Korean crypto exchanges to temporarily go offline. In other news, Malta-based digital asset exchange Okex has launched a platform offering information on initial coin offerings and Estonia has issued licenses to […] The post The Daily: Cloud Outage Affects Exchanges, Okex Launches ICO Information Platform appeared first on Bitcoin News. дальше »
2018-11-24 17:40 | |
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Zero-Knowledge Proof - a game changer for customer data security
For the most part, businesses don’t want to collect and store customer data - they’re just forced to by circumstance. Advances in self-sovereign identity solutions such as ‘Zero-Knowledge Proof’, however, mean that soon they won’t have to. дальше »
2018-11-24 15:00 | |
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New China Crypto Mining Rumor: BitFish’s F2Pool Disconnects BTC ASICs Causing Bitcoin Hashrate to Drop
While some of the ongoing rumours can neither be confirmed or denied, it is being reported all over the internet that the recent drop in Bitcoin’s native hashrate has forced a large number of crypto mining rigs within China to be turned off— primarily because this business avenue no longer seems to be profitable. According […] дальше »
2018-11-23 03:35 | |
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Amazon Web Services outage forces major cryptocurrency exchanges offline
Two major South Korean cryptocurrency exchanges have been forced offline, after critical Amazon Web Services (AWS) servers suffered nationwide failure Thursday morning. AWS, one of the world’s widely used cloud services, was hit with major internal server failures that brought popular digital asset exchanges, Upbit and Coinone, to a screeching halt. дальше »
2018-11-22 14:31 | |
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There’s a Coursera class to help your clueless boss figure out AI
Andrew Ng is best known for his work at Google, where he helped establish the Google Brain program, and as the Chief Scientist at Baidu. But his impact in the field of artificial intelligence is probably most profound through his work at Coursera, an online learning center he co-founded. дальше »
2018-11-20 21:47 | |
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Huobi Group Sets Up Communist Party Committee in Beijing
As part of its desire to forge deeper ties with the Chinese government, Huobi Group, the parent company of digital asset platform Huobi, has formed a Communist Party committee in China, according to an announcement by the company. дальше »
2018-11-20 00:18 | |
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OKEx Forces Early Settlement Of BCH Futures Contracts
Major cryptocurrency exchange, OKEx, faces a backlash from traders, after changing the terms on $135 million of Bitcoin Cash (BCH) futures contracts. The exchange says it forced early settlement of the contracts to protect investors from volatility following the Bitcoin Cash split. дальше »
2018-11-19 19:00 | |
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Traders suffer huge losses as OKEx closes Bitcoin Cash futures early
Several high-profile cryptocurrency traders are posting major losses after the Bitcoin Cash hard fork, as the true impact of the controversial hash wars starts to make itself known. Just as the price of the original Bitcoin Cash cryptocurrency started to fall last week, major exchange OKEx abruptly ended $135 million worth of futures contracts, claiming it necessary to protect clients from the impending market volatility. дальше »
2018-11-19 14:56 | |
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Major Venezuelan Department Store Chain Accepts Cryptocurrency
The people of Venezuela have been forced to cope with an increasingly difficult economic situation in recent years. This has led to a loss of trust in government-issued fiat by the population in a way that many believe exemplifies the need for cryptocurrency. дальше »
2018-11-19 23:45 | |
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Gig workers are forced to educate themselves to survive
Today’s gig workers don’t just include your local Uber drivers or handymen on TaskRabbit. In fact, there’s a growing subset of knowledge workers who are looking to the gig economy as a viable alternative to full-time employment. дальше »
2018-11-17 19:30 | |
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Bitcoin Cash SV (BCHSV) Long-term Price Forecast
BCHSV/USD Long-term Trend – Bullish Distribution territories: $160, $180, $200 Accumulation territories: $60, $40, $20 The Crypto has been recovering from the October 14 strong decline that has forced the market line from around $230 mark downwards to test the $70 accumulation territory recently on Nov. дальше »
2018-11-17 12:20 | |
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Ripple Wants to Take over Swift as Iran Gets Disconnected from The Service
After the U. S. government forced Swift to cut ties with more than 70 banks in Iran, Brad Garlinghouse, the CEO of Ripple Labs Inc. , said that his company was gaining new customers because financial firms are seeking technology that is better, faster, and more stable than the Swift banking network, Bloomberg reported on November 13, 2018. дальше »
2018-11-15 00:00 | |
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